SharkNinja, Inc. (NYSE:SN) Given Average Rating of “Moderate Buy” by Analysts

SharkNinja, Inc. (NYSE:SN) has received a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $150.00.

Several research firms recently issued reports on SN. Piper Sandler started coverage on SharkNinja in a research note on Tuesday, June 9th. They issued an “overweight” rating and a $150.00 target price on the stock. Canaccord Genuity Group increased their price objective on SharkNinja from $160.00 to $161.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Wall Street Zen cut SharkNinja from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings restated a “hold (c+)” rating on shares of SharkNinja in a report on Friday, April 10th. Finally, JPMorgan Chase & Co. raised their price target on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th.

SharkNinja Trading Up 0.1%

Shares of SN opened at $151.55 on Monday. The stock has a market capitalization of $21.45 billion, a P/E ratio of 30.55, a PEG ratio of 2.03 and a beta of 1.22. The company has a quick ratio of 1.62, a current ratio of 2.38 and a debt-to-equity ratio of 0.25. The firm has a fifty day simple moving average of $124.04 and a two-hundred day simple moving average of $118.90. SharkNinja has a twelve month low of $83.12 and a twelve month high of $154.04.

SharkNinja (NYSE:SN) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. SharkNinja had a net margin of 10.70% and a return on equity of 29.07%. The company’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 earnings per share. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, research analysts anticipate that SharkNinja will post 5.74 EPS for the current year.

Insider Buying and Selling

In other news, CFO Adam Quigley sold 6,923 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $112.97, for a total value of $782,091.31. Following the completion of the sale, the chief financial officer directly owned 1,750 shares of the company’s stock, valued at approximately $197,697.50. This trade represents a 79.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 40.80% of the company’s stock.

Hedge Funds Weigh In On SharkNinja

Institutional investors have recently bought and sold shares of the stock. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in SharkNinja during the 1st quarter valued at approximately $27,000. Larson Financial Group LLC raised its position in shares of SharkNinja by 64.3% in the 3rd quarter. Larson Financial Group LLC now owns 322 shares of the company’s stock worth $33,000 after acquiring an additional 126 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in shares of SharkNinja by 459.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 302 shares of the company’s stock worth $34,000 after acquiring an additional 248 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of SharkNinja in the 4th quarter valued at approximately $38,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of SharkNinja in the 3rd quarter valued at approximately $46,000. 34.77% of the stock is owned by institutional investors.

SharkNinja Company Profile

SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.